This Richmond property, nestled in the Richmond Heights area, offers a rental potential of $3,195 to $3,700 per month for its 3-bedroom, 2-bath configuration. With market trends suggesting a moderate growth, the estimated payback period based on current listings could range from 15 to 20 years. The charming Craftsman-like Bungalow features, such as hardwood floors and a private backyard, are appealing. However, the single-car garage and older construction might pose some challenges.

To boost rental value, consider modernizing the kitchen and bathrooms, and enhancing the landscaping for improved curb appeal. If contemplating selling, highlight the Craftsman charm and proximity to public transport and shopping. A competitive market analysis should be conducted to ensure the pricing aligns with neighborhood trends and recent sales.